Where each party has some skin in the game holds everyone accountable.

The tenant is not as much focused on rent when they are strong regional to national in nature but the best spot they believe drives the most sales and profit annually.It's the lesser quality smaller tenants that are more sensitive to rents because their model is not often proven with scale or over time as much.So you have to know what you are buying and what to do with it.I buy same stuff for cash but I am the GP on the syndications and my LP's put in minimum 200k per deal as accredited investors.To convert the bank to medical would be very expensive.

That being said, there are a lot of ways to skin a cat.  

.- Have some skin in the game.

I stick to sponsors who have at least one full real estate cycle of experience with little to no money loss...ever, conservative leverage, high skin in the game, reasonable compensation ( so they aren't incentivized to push the risk envelope) etc. 

To me that is not proportionate and accountants need to be sensitive to that with their small business/real estate clients and not recommend a one-size-fits-all solution.

And (hopefully) this property will be less sensitive to market corrections, as you mentioned. 

Inventory is low and activity is high, so 3.5 percent down isn't going to entice a lot of people to jump (low skin in the game) unless you are paying substantially more than someone with 20 percent down.Also, FHA and off-market almost never go together.

It's great to get someone's perspective, but what I've learned, even after someone gets free advice, they don't take it because they have no skin in the game.They haven't either worked or paid for that advice, and they don't value it.

No one has more "skin in the game" than a PMC as they have to deal with the property every day until an owner sells or fires them.Also recommend finding your own Inspector and not one referred by an agent.